Council tax budget summary 2022/2023

View the council's budgets, income and expenses from 2022 to 2023.

Budget summary 2021/22 (£'000) 2022/23 (£'000) Difference (%) Per band D property (£)
Net budget 17,563 18,805    
Less income        
Business rates (4,936) (5,073)    
New homes bonus (1,450) (1,604)    
Government Revenue Support Grant (inc. S31 and Transition Grant) (200) (534)    
Total 10,978 11,593    
Plus (or less)        
Collection fund deficit (or surplus) 0 0    
Expenditure to be met by council tax payers 10,978 11,593    
Divided by equivalent number of Band D properties 49,624 51,260    
Canterbury tax level (Band D) 221.22 226.17 2.24% 4.95
Add        
Kent County Council precept 1,419 1,461 2.99% 42.48
The Police and Crime Commissioner for Kent's precept 218 228 4.58% 10.00
Kent & Medway Fire and Rescue authority precept 81 82 1.89% 1.53
Council tax level (Band D) 1,939 1,998 3.04% 58.96

Our total outstanding borrowings from external organisations on 31 March 2022 (known as loan liabilities) were estimated at £183m.